Apple Poised to Reach $4 Trillion Market Cap First

Reported about 1 month ago

Dan Ives from Wedbush Securities predicts that Apple will be the first U.S. company to achieve a $4 trillion market cap, propelled by an anticipated AI-driven supercycle starting with the iPhone 16. He suggests that an unprecedented upgrade opportunity exists, especially with 300 million iPhones that haven't been updated in over four years. Following Apple, Nvidia and Microsoft are expected to reach this milestone in the future.

Source: YAHOO

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